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What Does a Senior Life Insurance Policy Cover?
Senior Life Insurance Coverage, or a "Final Expense" policy, provides you with peace of mind knowing your loved ones will not be burdened by the costs of your final expenses. Here are some of the important financial obligations this type of plan will cover for your spouse, children and/or grandchildren:
Funeral, Burial and/or Cremation
The National Funeral Directors Association calculates the average burial and funeral costs in the US at over $8,500, and cremation costs over $6,000.
Mortgage Protection
This type of Life Insurance can pay your mortgage payments, helping your loved ones avoid the risk of foreclosure or selling the house for less than it is worth.
Medical Bills
Unfortunately Medical Bills can begin to pile up if someone is sick and does not have adequate coverage for medical, hospital, and long-term care costs. Guaranteed Issue coverage will ensure these costs are taken care of, and best of all, with no medical exam or health questions to get approved for coverage.
Debts
Final Expense Coverage can alleviate accumulated debts from things like Credit Cards and Car Loans.
As you can clearly see, there are many benefits to a Senior Whole Life Insurance Policy. Give us a call now or fill out our simple form to find out how much you can save on your coverage today. It's fast, free, and there's no obligation whatsoever. Your peace of mind is a click or call away!
Disclosures/Disclaimers: SeniorLifeQuotes.com is a secure online consumer resource and life insurance matching service supported by advertisers; we do not sell insurance directly to consumers and are not a licensed insurance agent or broker. SeniorLifeQuotes.com may receive compensation from our partners, which can affect how and with whom you are matched. Any logos, copyrights or registered trademarks are the property of their respective owners. Insurance products, companies, licensing and regulations vary by state, and the insurance companies, products, terms and/or pricing listed or displayed on this website may not be available in all instances. Some plans, like Guaranteed Issue/Acceptance Whole Life Insurance, do not require a medical exam or health questions, typically for applicants aged 50-85 and offered in most states.
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